BWX Technologies Earnings Perspective: Return On Capital Employed
Portfolio Pulse from Benzinga Insights
BWX Technologies (NYSE:BWXT) reported Q1 earnings of $60.99 million, a 41.75% increase from the previous quarter, while sales decreased by 8.95% to $568.36 million. The company posted a return on capital employed (ROCE) of 0.08%, indicating effective capital allocation. Q1 earnings per share were $0.7, beating analyst predictions of $0.61.
May 23, 2023 | 2:56 pm
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BWX Technologies reported a 41.75% increase in Q1 earnings to $60.99 million and an 8.95% decrease in sales to $568.36 million. The company's ROCE of 0.08% indicates effective capital allocation, and its EPS of $0.7 beat analyst predictions.
BWX Technologies' Q1 earnings increased by 41.75% and its EPS beat analyst predictions, which is a positive sign for the company's stock price. Additionally, the company's ROCE of 0.08% indicates effective capital allocation, which is a positive indicator for long-term success and favorable returns. These factors contribute to a likely short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100